中国互联网

Alibaba cut ~20K staff during 2023, ending December with 219,260 employees, after cutting roughly the same number in 2022, and bought $9.5B of its stock in 2023 (www.bloomberg.com)
2024-2-8 Alibaba

Alibaba reports Q3 revenue up 5% YoY to ~$36.7B, net income down to ~$2B, Taobao and Tmall Group revenue up 2% YoY to ~$18B, and plans a $25B share buyback (www.bloomberg.com)
2024-2-7 Alibaba

Tencent working on a mobile version of Elden Ring (readwrite.com)
2024-2-7 Mobile Tencent

Sources: Tencent plans to adapt acclaimed role-playing console game Elden Ring into a mobile version, after acquiring licensing rights from FromSoftware in 2022 (www.reuters.com)
2024-2-6 Mobile Tencent

Tencent working on mobile version of hit console game ‘Elden Ring', sources say (indianexpress.com)
2024-2-6 Mobile Tencent

YouTube says a “Vision Pro app is on our roadmap” but doesn't offer a timeframe; YouTube videos in 360 and VR playback modes are not viewable in visionOS Safari (www.theverge.com)
2024-2-6 VR YouTube Qihoo

Is Hasbro offloading D&D to China's Tencent? (readwrite.com)
2024-2-2 China Tencent

Tencent chief says gaming business under threat, catching up in AI (indianexpress.com)
2024-1-31 AI Tencent

Tencent's 'League of Legends' developer Riot Games announces layoffs of 530 staff (apnews.com)
2024-1-28 Tencent Layoffs

Xianyu, Alibaba's online second-hand goods trading platform that claims to have 500M+ users, is opening its first bricks-and-mortar store in Hangzhou, China (www.scmp.com)
2024-1-24 China Alibaba

Sources: Jack Ma and Joe Tsai become Alibaba's largest shareholders after buying shares worth ~$50M and ~$150M, respectively, in Q4, together eclipsing SoftBank (www.scmp.com)
2024-1-24 Jack Ma Alibaba 4Q

China's gaming regulator takes down draft rules, published in December to set spending limits and ban daily login rewards in online games; Tencent rose 6%+ (www.reuters.com)
2024-1-23 China Tencent Ban

Tencent-owned Riot Games plans to lay off 530 employees globally, or about 11% of staff, saying Riot “more than doubled in headcount” over the past few years (www.bloomberg.com)
2024-1-23 Tencent

Knockoff Iranian Drone Sold on Alibaba Was Meant for War, Documents Show (www.vice.com)
2024-1-19 Alibaba Drone Iran

Tencent releases EvalCrafter on Hugging Face (huggingface.co)
2024-1-19 Tencent

Meituan's stock dips below its 2018 IPO price, closing 85% down from an all-time high; Alibaba and Tencent are down 78% and 60%+ respectively from their peaks (www.bloomberg.com)
2024-1-18 IPO Alibaba Tencent

A look at Tencent's bet on Weixin Palm Payment, a palm scanning system launched in China in May 2023 for users of Weixin Pay, WeChat's sister app (www.cnn.com)
2024-1-17 China WeChat Tencent

Former Finance Minister of Greece, Yanis Varoufakis, explaining how market platforms like Amazon and Alibaba are outside of Capitalism and the Free Markets. They've created Digital Fiefdoms (v.redd.it)
2024-1-16 Amazon Alibaba Greece

ByteDance says it is in talks with multiple prospective buyers, including Tencent, to sell its Nuverse gaming unit as part of a plan to exit the gaming industry (www.reuters.com)
2024-1-9 Tencent

Sources: Alibaba, Tencent, Baidu, and ByteDance aren't keen on buying Nvidia's lower-powered AI chips and are shifting some orders to Huawei's China-made chips (www.wsj.com)
2024-1-7 China Alibaba AI Tencent Nvidia

Alibaba-backed Chinese lidar maker RoboSense raised $126.14M in its Hong Kong IPO by offering 22.9M shares at HK$43 each, with the stock falling 2% on its debut (www.cnbc.com)
2024-1-6 China Hong Kong IPO Alibaba

Tencent bought back a record $1.3B of shares in December as China's gaming rules triggered a selloff; daily buybacks more than doubled since December 22, 2023 (www.bloomberg.com)
2024-1-4 China Tencent

Employees, sources, and experts describe crisis at Alibaba as the company struggles to chart a new course and an ambitious restructuring did not go as planned (t.co)
2024-1-2 Alibaba

Chinese e-commerce giant JD.com wins landmark antimonopoly lawsuit against Alibaba (readwrite.com)
2023-12-30 China Alibaba

JD.com says a Beijing court fined Alibaba ~$141M after finding that Alibaba's Tmall adopted monopolistic practices known as “choosing one from two” (www.reuters.com)
2023-12-29 Alibaba

China approves 105 local games, including titles from Tencent and NetEase, after the announcement of a new set of restrictions led to a $80B rout last week (www.bloomberg.com)
2023-12-25 China Tencent

China's New Gaming Regulations Prompt Massive Market Value Loss for Tencent and NetEase (www.btimesonline.com)
2023-12-24 China Tencent

China's gaming crackdown causes top 3 companies $80 bn market value loss, Tencent alone sheds $50 bn (www.firstpost.com)
2023-12-23 China Tencent

NetEase loses a quarter of its value and Tencent stock skids on new China gaming rule proposal (www.marketwatch.com)
2023-12-23 China Tencent

China gaming laws: Tencent stock plummets amid crackdown fears (readwrite.com)
2023-12-22 China Tencent

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